consumer debt

noun

: a debt from buying something at a store
Most of his debts are consumer debts.

Examples of consumer debt in a Sentence

Recent Examples on the Web
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Credit card debt in general has seen fresh highs in the years following the pandemic, as inflationary pressures and stagnant wage growth have caused many Americans to look to consumer debt to fill the gaps. Suzanne Blake, MSNBC Newsweek, 25 July 2025 Further to rising consumer debt, credit card debt has also increased, but delinquencies remain below pre-pandemic levels. Bill Stone, Forbes.com, 22 June 2025 According to data from the Federal Reserve, American consumer debt reached an all-time high in February 2025, topping $18 trillion, and the the average family owing over $100,000. Kimberly Wilson, Essence, 1 May 2025 Auto loan debt is the second-largest category of U.S. consumer debt, trailing mortgages. Janae Bowens, Baltimore Sun, 24 Jan. 2025 See All Example Sentences for consumer debt

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“Consumer debt.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20debt. Accessed 20 Aug. 2025.

Legal Definition

consumer debt

see debt

Last Updated: - Updated example sentences
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